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... A federal judge has blocked a joint venture from media giants teaming up to pool together their sports licensing rights to form a new streaming service, which was challenged by rival sports streamer Fubo.

U.S. District Judge Margaret Garnett on Friday ruled against The Walt Disney Co., Fox Corp. and Warner Bros. Discovery in barring Venu to proceed with its planned release slated for later this year. She found that Fubo is likely to prevail on claims that the partnership will "substantially lessen competition and restrain trade." ...